Wool Grease Market Overview in Algeria
In value terms, wool grease production reduced to $ in 2019 estimated in export prices. Overall, production saw a slight shrinkage. The most prominent rate of growth was recorded in 2009 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2010 to 2019, production growth remained at a somewhat lower figure.
The average yield of wool grease in Algeria totaled kg per head in 2019, stabilizing at the previous year. Overall, the yield recorded a relatively flat trend pattern.
In 2019, approx. head of animals slaughtered for wool grease production in Algeria; remaining constant against the year before. Overall, the number of producing animals continues to indicate a relatively flat trend pattern.
The value of the wool grease market in Algeria fell to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of % year-to-year. Wool grease consumption peaked at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.